The Shoe Mart shows an inventory of 573 pairs of shoes at a price of $67.28 per pair. Compute the amount that should be shown in the extension column.

The bookkeeper for the Martel Company is computing depreciation for income tax purposes, using the figures from the MACRS tables supplied by the IRS. The equipment being depreciated had a cost of $16,000 and falls under the class of equipment to be depreciated at a rate of 20% for the first year and 32% for the second year. The equipment was purchased and put into use during the first quarter. Compute the total amount of depreciation expense through the end of the second year.